The average, median-priced home declined a bit more than 0.5%—the first annual drop recorded since 2012.
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Homebuyer Competition Falls to Early-Pandemic Levels
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin, 44.3% of home offers written by their agents faced competition in July 2022. This seasonally-adjusted ...
Read More »Breaking the Housing Affordability Cycle
First American Deputy Chief Economist Odeta Kushi shares some solutions to solving the affordability puzzle.
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